Is the convection microwave oven the answer to my space problem?

So we have cluttered kitchen and are trying to save on space. Tonight I started to research the convection microwave oven and I am starting to get seriously convinced. Here's are the basics I need: hot dogs to get browned, pop corn to get popped, bread to get toasted...but would like it to be one contraption if possible. sometimes when you try to combine 2 things...dvd/vcr player, it becomes a piece of junk. Is this true for the convection microwave oven? or did i just find some more counter space?